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In 2015, mobile payments were quickly moving from an emerging technology to an everyday consumer expectation. Creating a more seamless, convenient, and frictionless payment experience, mobile payments had reached critical demand. FIS marshaled its scale to simplify the Apple Pay enablement process and bring more FIs into the mobile payments ecosystem.
In just one year, financial institutions have seen a collective increase of over 350 percent in monthly transactions.
40xGrowth in Apple Pay-enabled institutions in one year
50% of Apple Pay-enabled FIs are FIS clients
350% Increase in monthly transactions
FIS came in as the subject matter expert to help us every step of the way and have been great in helping Cross Keys Bank stay competitive in the technology area at a time when community banks have to offer the same customer experience as the biggest players.”
Apple Pay remains a cornerstone of the mobile payments market and FIS continues to bring its scale and capabilities to bare for clients of all sizes, empowering them offer mobile payments to their retail banking customers.
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